PayPal Holdings, Inc. Q2 adjusted earnings Beat Estimates

PayPal Holdings, Inc. (PYPL) revealed earnings for second quarter that fell from the same period last year.

The company's bottom line totaled $1.18 billion, or $1.00 per share. This compares with $1.53 billion, or $1.29 per share, in last year's second quarter.

Excluding items, PayPal Holdings, Inc. reported adjusted earnings of $1.36 billion or $1.15 per share for the period.

Analysts had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.6% to $6.24 billion from $5.26 billion last year.

PayPal Holdings, Inc. earnings at a glance:

-Earnings (Q2): $1.36 Bln. vs. $1.26 Bln. last year.
-EPS (Q2): $1.15 vs. $1.07 last year.
-Analysts Estimate: $1.13
-Revenue (Q2): $6.24 Bln vs. $5.26 Bln last year.

Next quarter EPS guidance: $1.07
Next quarter revenue guidance: $6.15 - $6.25 Bln
Full year EPS guidance: $4.70
Full year revenue guidance: $25.75 Bln

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